House for sale in Niedersteinebach, Germany

Property Description: Two-story, detached house for two families with a basement, totaling 242 square meters of gross floor area, including a garage (workshop) and former stable. The construction year is estimated to be around 1950. It was not possible to view the interior. The building condition is partially inadequate, as the building was likely not sealed against rising damp. As a result, moisture is visible almost everywhere in the basement area up to a height of nearly one meter, leading to some plaster chippings. The double glazed windows appear to be from the 1970s. Thoughts on Price: The property is being auctioned by the local district court with a market value of 94,140.00 EUR. It is possible to secure a discount of up to 30% on the market value, resulting in a purchase price of only 65,898.00 EUR for the property. Notary fees and agency commissions are also waived in this offer. It is important to keep in mind that the property may require significant renovations and repairs due to the visible moisture issues. Consider seeking a professional inspection and estimation of renovation costs before making a purchase decision.